Business & Commercial
Insolvency lawyers advise directors, creditors and practitioners on restructuring and liquidation.
Early advice gives directors more options, including small business restructuring and safe harbour. Creditors use insolvency lawyers to recover debts and protect security.
Early advice gives directors more options to save a business and avoid personal liability.
The Corporations Act provides voluntary administration, small business restructuring for companies with liabilities under $1 million, liquidation, and safe harbour protection for directors pursuing a better outcome.
Insolvency & Restructuring firms in the directory
147 firms
Port Macquarie, NSW · Mid North Coast
Sparke Helmore provides legal services in Port Macquarie, NSW. Listed practice areas include Business & Commercial Law, Partner & Family Visas and Agribusiness & Rural Law.
Noosaville, QLD · Sunshine Coast
Sunshine Coast Lawyers provides legal services in Noosaville, QLD. Listed practice areas include Business & Commercial Law, Debt Recovery and Employment Law.
Lane Cove North, NSW · Sydney North Shore & Northern Beaches
The Property Conveyancers provides legal services in Lane Cove North, NSW. Listed practice areas include Litigation & Dispute Resolution, Property & Conveyancing and Insolvency & Restructuring.
Understand the next step
Explain the entity, current debts and any demands, enforcement or appointment. Ask for advice that distinguishes the company’s position from the responsibilities and interests of directors or guarantors.
Legal advice and the role of an insolvency practitioner are distinct; clarify coordination and fees.
Explain the transaction, amount involved, parties and desired result. Provide the current agreement and relevant entity or trust details.
Ask which risks need legal, accounting, tax or technical advice. Identify essential terms and those you are willing to negotiate.
Agree who negotiates, approves documents and tracks continuing obligations. Clarify whether post-completion advice is included.
Request a defined scope or staged budget with assumptions about document review and negotiation rounds. Personal guarantees, tax and related disputes may need separate work.
Ask for a written scope identifying the work you are authorising, the person responsible and when costs will be reviewed. If you only want advice on one step, say so before the firm begins wider work.
Highlight signing dates, finance conditions and demands. Raise an inability to meet debts immediately so appropriate advice can be identified before further commitments.
Directory guidance updated 19 September 2026. General information to help you prepare for a conversation with a professional; not advice about your individual matter. Check current requirements with the relevant authority.
Good to know
Protection for directors from insolvent trading liability while they develop a course of action likely to lead to a better outcome.
You can register a company yourself. A lawyer is useful for the shareholders agreement, the right structure for tax and asset protection, and making sure your contracts and terms protect you.
Yes. Leases often run for years and can include costly obligations such as make-good, outgoings and personal guarantees. Some states also have retail leasing laws that affect your rights.